US actions closed very low on Thursday, cleaning part of the demonstration of the previous day when investors digested the decision of President Donald Trump to suspend some rates while increasing a commercial war with China.
Hours after the markets were opened, the White House said that US tariffs in China are 145%, more than the 125% tax that had been widely reported a day before. The news sent the actions that fell beyond what had been earlier in the day.
The Dow Jones industrial average fell 1,014 points, or 2.5%, at the closure of the market. The s& P 500 fell 3.4%, while the nasdaq technological heavy fell 4.3%.
The Nike footwear giant, which has an extensive global supply chain, saw the actions that fell 8%.
Tesla, the electric car manufacturer led by Trump Elon Musk advisor, fell 7%. The actions of the Nvidia chips manufacturer fell 5%.
Some important companies extended profits from a previous day.
Telecommunications in& T and Verizon increased more than 0.75%.
China rebuked the USA. Beijing said he would restrict Hollywood movies imports.
The United States is wielding “rates as a weapon to exert maximum pressure and seeking selfish profits,” said the spokesman for the Chinese Ministry of Foreign Affairs, Lin Jian, to journalists in an informative session on Thursday.
Early stock market losses on Thursday erased part of the historical demonstration on Wednesday, expelled by the Trump Rate announcement. The Nasdaq shot 12.1% at the close of Wednesday, the highest gain of a single index day since 2021. Dow increased 7.8%, its largest one -day increase in five years.
On Wednesday afternoon, Trump announced a 90 -day break on the highest rates for most countries he announced last week, while maintaining a 10% reference rate in all areas.
Trump also announced additional tariffs on China, increasing the cumulative tariffs of Chinese products from 104% to 125%.
Before the recession in US actions, Asian and European markets recovered on Thursday.
The key Asian indices recorded notable recoveries on Thursday, marking a postponement for most after a week of turbulence and liquidations promoted by fear of increasing commercial wars and recessions.
In Japan, the Nikkei 225 closed 9.1% and the broader topix index closed 8%. Kospi from South Korea closed almost 6.6%.
Taiwan’s Taiex index increased 9.3% and Australia ASX 200 increased 4.5%.
The currency dealers work in front of an Electronic Board that shows the price index of composite shares of Korea (Kospi) and the exchange rate between the US dollar and the South Koreans won in Seoul, South Korea, on April 10, 2025.
SOO-HYEON KIM/Reuters
Chinese markets were also in Green, despite Trump’s decision to increase tariffs on Chinese products to a total of 125%. The president alleged “lack of respect” from Beijing, his last side after China announced 84% of reciprocal tariffs on US assets on Wednesday.
Hong Kong Hang Seng index rose 2%, the Shanghai compound index increased 1.1%and the Shenzhen component index increased 2.2%.
President Donald Trump prepares to sign executive orders as Treasury Secretary, Scott Besent, the Secretary of Commerce Howard Lutnick, Interior Secretary Doug Bergum and the Secretary of Transportation are Duffy Watch in the Oval Office, on April 9, 2025 in Washington.
Anna Moneymaker/Getty Images
In Europe, the Pan-Continental index Stoxx 600 jumped more than 7%. On Thursday, the European Union announced a 90 -day break at retaliation rates addressed to the United States, which the EU had approved a day before.
When opening, the FTSE 100 of Great Britain rose 6%, CAC 40 of France, CAC 40 6.4%, Dax of Germany, 8%, Italy FTSE MIB 7.5%and IBEX of Spain 7.2%.
